Purpose – The purpose of this paper is to examine the effect of institutional environment and inside ownership on the … provinces with more developed institutions, firms have higher effective tax rates; however, firms with inside ownership in these …. Originality/value – The paper presents the first study of the impact of inside ownership and institutional environment on …

We examine the wealth impact of inside ownership on firms announcing leverage increases by issuing senior securities … percentage of inside ownership. We show that firms with greater inside ownership percentages have greater market responses to the … positive news conveyed by leverage increase announcements. Regression analysis indicates that inside ownership percentage is …

We examine the wealth impact of inside ownership on firms announcing leverage increases by issuing senior securities … percentage of inside ownership. We show that firms with greater inside ownership percentages have greater market responses to the … positive news conveyed by leverage increase announcements. Regression analysis indicates that inside ownership percentage is …